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MIND C.T.I., Ltd. Message Board

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  • quantum_analyst quantum_analyst Nov 22, 2004 2:46 PM Flag

    Question re: dividend

    go to the mind web site and listen to the last cc

    the past policy has been and was confirmed to be that the devidend was determined based upon end of year earnings and has typcially been 80% of earnings

    with projected earnings per share of 31 cents the expected dividend is around 20-24 centa or around 4-5% on the current share price
    that is why you see this low price stock stay so stable, it has a dividend return equal or larger than most dow compaies

 
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